SEC candidate Teresa Goody Guillén expressed her optimistic views on the crypto world and the SEC on November 23rd, 2024. In a post on social media platform X, Guillén wrote “Make crypto great again”, taking her crypto supporters into confidence and giving a strong message to market participants.
The remarks come with the backdrop of current SEC chair Gary Gensler resigning in 2025, making the top post empty. According to part rumors, Guillén might be Trump’s top choice to lead the SEC.
Guillén Expresses Her Views On Crypto
In her X post, Guillén said “Make The SEC Great Again. Make Crypto Great Again. Under President Trump, transformative change starts on Day One. SEC must restore trust, engage with industry, and end regulation by enforcement.”
She added, “It’s time to knock down needless obstacles, remove burdens, clarify crypto rules, and promote innovation. Protect investors and our place on the world financial stage. Bring crypto back to America”
Guillén Stays Trump’s Top Choice for SEC?
As soon as the news of Gary Gensler, the chair of the Securities and Exchange Commission (SEC), leaving the position in January 2025 surfaced, the entire crypto community took it as a sense of optimism.
President-elect Donald Trump’s return to the White House had come on the back of his promise to remove Gary as soon as he took the position. Therefore, the move was defined as a sense of fulfillment for market participants, who had voted for Trump’s win.
According to reports, Teresa Goody Guillén, a blockchain specialist and former SEC lawyer, is now among the leading contenders to head the U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump.
Her profound knowledge of securities regulations and digital assets has garnered her support from the crypto industry, and she co-leads the firm’s blockchain practice as a partner at BakerHostetler.
Working at the SEC’s Office of the General Counsel from 2009 to 2011 has allowed Goody Guillén to have a thorough understanding of the agency’s operations. She then counseled clients in SEC enforcement actions, establishing a solid reputation for her ability to handle intricate legal matters.
Will America See More Pro-Crypto Reforms?
The 2024 US elections had a huge role for crypto voters. Additionally, 14 pro-crypto senators and more than 240 pro-crypto house representatives were elected this time, according to official figures.
The numbers clearly show that market participants are eagerly waiting for big crypto reforms in the industry. Additionally, these elections’ outcome most certainly reflects the strength of cryptocurrency voters, who were keenly examining the promises and policies before casting their ballots this time.
However, investors are now keenly eyeing the Trump presidency to see if the reforms and promises that were made are going to see the light of the day.